NITO INVEST: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
NITO INVEST
Largest movements
- Tangible fixed assets -€15,148
down €15,148 (-3.6%), from €420,841 to €405,693
of which Land and buildings: -€9,652
- Current portion of long-term debt -€28,145
down €28,145 (-47.9%), from €58,753 to €30,607
- Other debts +€24,975
up €24,975 (+19.8%), from €126,407 to €151,382
- Profit (loss) carried forward -€5,257
down €5,257 (-19.3%), from -€27,295 to -€32,552
- Write-downs -€14,219
no longer reported in 2025 (was €14,219)
- Gross operating margin +€10,226
up €10,226 (+80.9%), from €12,635 to €22,861
- Depreciation +€2,973
up €2,973 (+24.4%), from €12,175 to €15,148
- Financial charges -€1,732
down €1,732 (-12.8%), from €13,547 to €11,815
- Other operating charges +€1,156
new in 2025: €1,156
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €423,736 | €412,010 | -€11,726 | -2.8% |
| Fixed assets | 21/28 | €420,841 | €405,693 | -€15,148 | -3.6% |
| Tangible fixed assets | 22/27 | €420,841 | €405,693 | -€15,148 | -3.6% |
| Land and buildings | 22 | €397,831 | €388,179 | -€9,652 | -2.4% |
| Plant, machinery and equipment | 23 | €23,010 | €17,514 | -€5,496 | -23.9% |
| Current assets | 29/58 | €2,894 | €6,317 | +€3,422 | +118% |
| Amounts receivable within one year | 40/41 | €1,450 | - | -€1,450 | |
| Trade receivables | 40 | €1,450 | - | -€1,450 | |
| Cash at bank and in hand | 54/58 | €1,444 | €5,524 | +€4,080 | +282% |
| Deferred charges and accrued income | 490/1 | - | €793 | +€793 | |
| Total equity and liabilities | 10/49 | €423,736 | €412,010 | -€11,726 | -2.8% |
| Equity | 10/15 | -€22,295 | -€27,552 | -€5,257 | -23.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,295 | -€32,552 | -€5,257 | -19.3% |
| Amounts payable | 17/49 | €446,030 | €439,562 | -€6,469 | -1.5% |
| Amounts payable after more than one year | 17 | €239,146 | €237,915 | -€1,231 | -0.5% |
| Financial debts | 170/4 | €239,146 | €237,915 | -€1,231 | -0.5% |
| Amounts payable within one year | 42/48 | €203,832 | €198,595 | -€5,237 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €58,753 | €30,607 | -€28,145 | -47.9% |
| Trade debts | 44 | €663 | €2,028 | +€1,365 | +206% |
| Suppliers | 440/4 | €663 | €2,028 | +€1,365 | +206% |
| Advances received on contracts in progress | 46 | €12,350 | €10,145 | -€2,205 | -17.9% |
| Taxes, remuneration and social security | 45 | €5,660 | €4,433 | -€1,228 | -21.7% |
| Taxes | 450/3 | €2,747 | €2,976 | +€229 | +8.3% |
| Remuneration and social security | 454/9 | €2,913 | €1,456 | -€1,456 | -50.0% |
| Other amounts payable | 47/48 | €126,407 | €151,382 | +€24,975 | +19.8% |
| Accrued charges and deferred income | 492/3 | €3,052 | €3,052 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,175 | €15,148 | +€2,973 | +24.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,219 | - | -€14,219 | |
| Other operating charges | 640/8 | - | €1,156 | +€1,156 | |
| Gross operating margin | 9900 | €12,635 | €22,861 | +€10,226 | +80.9% |
| Operating profit (loss) | 9901 | -€13,759 | €6,557 | +€20,316 | |
| Financial income | 75/76B | €11 | €0 | -€11 | -99.4% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -99.4% |
| Financial charges | 65/66B | €13,547 | €11,815 | -€1,732 | -12.8% |
| Recurring financial charges | 65 | €13,547 | €11,815 | -€1,732 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | -€27,295 | -€5,257 | +€22,037 | +80.7% |
| Profit (loss) for the period | 9904 | -€27,295 | -€5,257 | +€22,037 | +80.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,295 | -€5,257 | +€22,037 | +80.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.